Bitcoin, the world’s leading digital asset, is gearing up for its fourth halving event, scheduled around April 20th. This next Bitcoin halving, marked by a reduction in the block rewards miners receive for validating transactions, has sparked discussions and concerns within the Bitcoin community. A recent report by Bitfinex, raises arguments about the implications of this hugely anticipated event.

Halving Overview

Bitcoin’s halving events occur approximately every four years and are designed to enforce scarcity by reducing the rate at which new bitcoin are created. The impending halving will slash the current block reward of 6.25 bitcoin per block to 3.125 bitcoin. This reduction in…

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